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Eurocell Executes Share Buyback, Adjusts Issued Share Capital

Story Highlights
  • Eurocell plc has repurchased 10,348 ordinary shares at an average price of 128.77 pence.
  • The company’s issued share capital now consists of 100,364,471 shares, with no treasury shares held.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eurocell Executes Share Buyback, Adjusts Issued Share Capital

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Eurocell ( (GB:ECEL) ) just unveiled an announcement.

Eurocell plc, a company listed on the London Stock Exchange, has executed a share buyback program, purchasing 10,348 of its ordinary shares at an average price of 128.77 pence per share. This transaction leaves the company with no shares held in treasury and a total issued share capital of 100,364,471 shares, which shareholders can use to assess their voting rights under the Financial Conduct Authority’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:ECEL) stock is a Hold with a £138.00 price target. To see the full list of analyst forecasts on Eurocell stock, see the GB:ECEL Stock Forecast page.

Spark’s Take on GB:ECEL Stock

According to Spark, TipRanks’ AI Analyst, GB:ECEL is a Neutral.

Eurocell’s overall stock score reflects a mix of operational efficiency and challenges in revenue growth and market conditions. The company’s strategic acquisitions and cost management are positive, but technical indicators and a cautious earnings outlook suggest potential risks.

To see Spark’s full report on GB:ECEL stock, click here.

More about Eurocell

Average Trading Volume: 190,844

Technical Sentiment Signal: Sell

Current Market Cap: £128.5M

For an in-depth examination of ECEL stock, go to TipRanks’ Overview page.

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